Costs and Charges Schedule
Commissions, swaps and any ancillary charges — published, never improvised.
Introduction
Your trading costs depend on the instrument and your account type. They consist of the spread and, on certain account types, a commission per traded lot. Other costs may also apply, including overnight financing (swap), currency conversion and, for cash equities, custody fees. Current rates for these are shown on the Platform and in the Costs and Charges Schedule.
Stamp duties, financial transaction taxes and local levies are charged in addition at statutory rates, where applicable.
CFDs Trading Costs
Spreads are variable. The figures below are typical values, expressed in USD per standard lot or as a percentage of the trade value.
| Instrument | Standard | Professional | Advanced |
|---|---|---|---|
| FX | 10 | 6 | 10 |
| Metals | 10 | 5 | 10 |
| Commodities | 6 | 5 | 6 |
| Indices | 5 | 5 | 5 |
| Crypto | 0.12% | 0.1% | 0.1% |
| Shares (CFD) | 5 | 5 | 5 |
| Shares | 0.25% | 0.25% | 0.25% |
Cash Equities & ETFs (physical Delivery)
Commission per order. Fixed fees are in the currency of the stock or the ETF and do not depend on the number of shares. Percentage fees apply to the trade value.
| Exchange | Type | Fee | |
|---|---|---|---|
| AMEX | American Stock Exchange | Fixed | 0.02 |
| ARCA | Archipelago Exchange | Fixed | 0.02 |
| ASX | Australian Stock Exchange | % | 0.12% |
| ATH | Athens Stock Exchange | % | 0.32% |
| BATS | BATS | Fixed | 0.02 |
| BIST | Borsa Istanbul | % | 0.25% |
| BM | Bolsa de Madrid | % | 0.13% |
| EURONEXT | Euronext | % | 0.05% |
| FWB | Borse Frankfurt | % | 0.50% |
| HKEX | The Stock Exchange of Hong Kong | % | 0.19% |
| JSE | Johannseburg Stock Exchange | % | 0.30% |
| LSE | London Stock Exchange | % | 0.05% |
| LSEAIM | London Stock Exchange | % | 0.05% |
| LSEIOB | London Stock Exchange | % | 0.05% |
| MIL | Milano Stock Exchange | % | 0.10% |
| MSE | Malta Stock Exchange | % | 0.08% |
| NASDAQ | NASDAQ Global Markets | Fixed | 0.02 |
| NYSE | New York Stock Exchange | Fixed | 0.02 |
| OMXC | NASDAQ OMX Copenhagen | % | 0.10% |
| OMXH | NASDAQ OMX Helsinki | % | 0.10% |
| OSE | Oslo Stock Exchange | % | 0.08% |
| OTCMKTS | OTC Markets Group | Fixed | 0.02 |
| PSE | Prague Stock Exchange | % | 0.40% |
| SGX | Singapore Stock Exchange | % | 0.19% |
| SIX | Swiss Exchange | % | 0.08% |
| SOMX | NASDAQ OMX Stockholm | % | 0.06% |
| TMX | Toronto Stock Exchange | Fixed | 0.02 |
| TSE | Tokyo Stock Exchange | % | 0.10% |
| VSE | Vienna Stock Exchange | % | 0.13% |
| WSE | Warsaw Stock Exchange | % | 0.09% |
| XETRA | Xetra Stock Exchange | % | 0.05% |
Note: Stamp duties, financial transaction taxes and local levies are charged in addition, at statutory rates, where applicable.
Exchange-Traded Options
Fees are per contract, in the currency of the exchange. Exchange, clearing and regulatory fees are passed through at cost in addition. Third-party fees may apply on assignment or exercise.
| Exchange | Type | Fee | |
|---|---|---|---|
| CBOE | Chicago Board Options Exchange | Fixed | 2.1 |
| CBOT | Chicago Board of Trade | Fixed | 2.35 |
| CME | Chicago Mercantile Exchange | Fixed | 1.7 |
| COMEX | Commodity Exchange, Inc. | Fixed | 2.25 |
| EUREX | Eurex Exchange | Fixed | 2.25 |
| HKEX | Hong Kong Stock Exchange | Fixed | 12 |
| ICE | Intercontinental Exchange | Fixed | 2.32 |
| LIFFE | London International Financial Futures and Options Exchange | Fixed | 1.75 |
| NYMEX | New York Mercantile Exchange | Fixed | 2.25 |
Futures
| Exchange | Type | Fee | |
|---|---|---|---|
| ASX | Australian Securities Exchange | Fixed | 1.5 |
| CBOE | Chicago Futures Exchange | Fixed | 1.705 |
| CBOT | Chicago Board of Trade | Fixed | 1.5 |
| CME | Chicago Mercantile Exchange | Fixed | 1.7 |
| COMEX | Commodity Exchange | Fixed | 2 |
| EUREX | Eurex Exchange | Fixed | 1.5 |
| EURONEXT | Euronext | Fixed | 1.5 |
| HKEX | Hong Kong Stock Exchange | Fixed | 14 |
| ICE | Intercontinental Exchange | Fixed | 2.5 |
Deposit Fee
Monolith Market, operated by Monolith Private Wealth Limited (MPW), does not charge any fee on deposits. Deposits made in certain local currencies through alternative payment providers may incur a fee charged by that provider, which is absorbed by Monolith Market: Indicative rates are shown below.
| Country: | Deposit Fee: |
| India | 6.50% |
| Argentina | 6.50% |
| Brazil | 3.50% |
| Chile | 5.50% |
| Colombia | 5.00% |
| Egypt | 6.00% |
| Ghana | 5.00% |
| Kenya | 4.50% |
| Mexico | 6.00% |
| Nigeria | 4.50% |
| Peru | 6.00% |
| Tanzania | 6.00% |
| Central Africa | 6.00% |
| West Africa (XOF) | 6.00% |
| South Africa | 6.00% |
Withdrawal Fees
Withdrawal fees may depend on the account type, the payment method and
the destination. Banks and payment intermediaries may apply their own
charges, which MPW does not control.
| Account type(s) | Withdrawal fee |
|---|---|
| Standard, Professional, Advanced | 0% |
| Other | Up to 1.00% |
Use of Deposit and Withdrawal Facilities
Monolith Market is a brokerage service, not a currency exchange or money
transmission service (T&Cs Clauses 3.3 and 8.4). If funds are
deposited and then withdrawn through a different payment method or
currency with no or minimal genuine trading activity, MPW may return the
funds to the original source, delay or refuse the withdrawal, or apply
an enhanced withdrawal fee of up to 10% of the amount withdrawn to
recover the costs incurred.
Other Fees
Other fees may be applicable according to the traded instrument.
| Fee type | Fee | Note |
|---|---|---|
| FOP transfer of securities | Up to 1.00% | Per transfer; min USD 35 |
| Assisted (desk) trade | USD 35 | Order placed via phone/desk |
Inactivity Fee – Standard, Professional and Advanced accounts
Monolith Market does not charge for keeping your account open while you use it. If an account has no activity for a long period, a monthly inactivity fee applies. This covers our ongoing costs of record-keeping, compliance monitoring and regulatory reporting.
| Account Status | Period without activity | Monthly Fee |
| Active | Up to 12 months | None |
| Inactive | 12 to 18 months | None |
| Inactive | 19 to 24 months | USD 10 |
| Dormant | 24 to 60 months | USD 20 |
| Long-Dormant | 60 months or more | None. The account is reviewed by our Compliance. |
Inactivity Fee – Other accounts
Monolith Market will charge an inactivity fee of USD 35 at the end of each month without activity.
What counts as activity
The inactivity period is measured from the last time you did any of the following:
placed a trade;
made a deposit or withdrawal;
Statements, system notifications and marketing communications we send you do not count as activity.
Waivers
The fee may be waived in whole or in part in exceptional circumstances, such as serious illness or bereavement. Contact our support team if this applies to you.
Negative balance interests (not applicable to Standard, Professional and Advanced accounts)
If your cash balance falls below zero, interest is charged on the overdrawn amount at 12% per year. It accrues daily and is debited monthly, on the first business day of the following month.
Have a question on our trading conditions?
Risk NoticeTrading Forex and CFDs involves significant risk and may not be suitable for all clients. Leverage can amplify losses. Please ensure you understand the risks before trading.
